1Sol Price 1SOL

There are two schools of thought when it comes to determining the price of a cryptocurrency like 1Sol.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of 1Sol, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of 1Sol.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of 1Sol on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of 1Sol.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for 1Sol and the broader cryptocurrency market.

1Sol achieved the all-time high of $2.60 in 2021-12-16, and is currently trading at $0.006964.

1Sol reached its all-time low of $0.001149 on 2023-06-14.

The current market cap of 1Sol is $20.54K, as 2.94M 1SOL is trading at the price of $0.006964.

There are currently 2.94M 1SOL circulating in the market. These 1Sol can be actively traded or used in the open market.

The maximum supply of 1SOL is 100.00M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of 1Sol is $696.49K. The FDV is calculated taking the assumption that all supply of 1Sol is circulation, multiplied by its current price of $0.006964.

Using an algorithm to automatically identify historical data trends, this 1Sol price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

1Sol offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that 1Sol and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in 1Sol.

You can buy 1Sol via Gate.io by following the steps on how to buy 1SOL once you have funded your account.